EN
Artificial Neural Networks for Spot Electricity Price Forecasting: A Review
Abstract
In this study we review literature related to short-term forecasting of spot electricity prices using Artificial Neural Networks in deregulated competitive power markets. With accurate price forecasts, power market participants can maximize their profits and meet their power commitments using a proper combination of power purchase agreements, bilateral trade and buying/selling electricity through power exchanges in a judicious, efficient and effective manner. Artificial Neural Network models may truly be an answer to short-term electricity spot price forecasting viz-a-viz time-series econometric models.
Keywords
Details
Primary Language
English
Subjects
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Journal Section
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Publication Date
December 1, 2015
Submission Date
December 1, 2015
Acceptance Date
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Published in Issue
Year 2015 Volume: 5 Number: 4
APA
S., V., & G.p., G. (2015). Artificial Neural Networks for Spot Electricity Price Forecasting: A Review. International Journal of Energy Economics and Policy, 5(4), 1092-1097. https://izlik.org/JA74NZ39RE
AMA
1.S. V, G.p. G. Artificial Neural Networks for Spot Electricity Price Forecasting: A Review. IJEEP. 2015;5(4):1092-1097. https://izlik.org/JA74NZ39RE
Chicago
S., Vijayalakshmi, and Girish G.p. 2015. “Artificial Neural Networks for Spot Electricity Price Forecasting: A Review”. International Journal of Energy Economics and Policy 5 (4): 1092-97. https://izlik.org/JA74NZ39RE.
EndNote
S. V, G.p. G (December 1, 2015) Artificial Neural Networks for Spot Electricity Price Forecasting: A Review. International Journal of Energy Economics and Policy 5 4 1092–1097.
IEEE
[1]V. S. and G. G.p., “Artificial Neural Networks for Spot Electricity Price Forecasting: A Review”, IJEEP, vol. 5, no. 4, pp. 1092–1097, Dec. 2015, [Online]. Available: https://izlik.org/JA74NZ39RE
ISNAD
S., Vijayalakshmi - G.p., Girish. “Artificial Neural Networks for Spot Electricity Price Forecasting: A Review”. International Journal of Energy Economics and Policy 5/4 (December 1, 2015): 1092-1097. https://izlik.org/JA74NZ39RE.
JAMA
1.S. V, G.p. G. Artificial Neural Networks for Spot Electricity Price Forecasting: A Review. IJEEP. 2015;5:1092–1097.
MLA
S., Vijayalakshmi, and Girish G.p. “Artificial Neural Networks for Spot Electricity Price Forecasting: A Review”. International Journal of Energy Economics and Policy, vol. 5, no. 4, Dec. 2015, pp. 1092-7, https://izlik.org/JA74NZ39RE.
Vancouver
1.Vijayalakshmi S., Girish G.p. Artificial Neural Networks for Spot Electricity Price Forecasting: A Review. IJEEP [Internet]. 2015 Dec. 1;5(4):1092-7. Available from: https://izlik.org/JA74NZ39RE